Common Contracts

FOR DISCUSSION PURPOSES ONLY ADDENDUM NO. 1 Lease Rate, Annual Increase, and Renewals

Lease Agreement • October 6th, 2020

• Contract Type
  Lease Agreement
• Filed
  October 6th, 2020

This Addendum No. 1 (“Addendum”) is made and entered into effective as of the ____ day of ________________, 2020, as an addendum to the Standard Commercial/Industrial Building Lease dated _______________, 2020 (the “Lease”), between Hollingsworth Investments XV, a Tennessee general partnership (“Lessor”), and ________________________, a ______________________ [corp/LLC/general partnership] (“Lessee”), and ________________________, a ______________________ [corp/LLC/general partnership] (“Guarantor”), for a 109,080 square foot building located at 5454 Endeavor Way, Tanner, AL 35671, being 11.27 +/- acres in the SouthPoint Industrial Park (collectively, the building and land shall be referred to as the “Premises”).